CSLM Acquisition Corp. (NASDAQ:CSLM) Short Interest Up 200.0% in September

CSLM Acquisition Corp. (NASDAQ:CSLM) was the recipient of a significant increase in short interest in the month of September. As of September 15th, there was short interest totalling 300 shares, an increase of 200.0% from the August 31st total of 100 shares. Based on an average trading volume of 6,300 shares, the short-interest ratio is presently 0.0 days.

CSLM Acquisition Stock Performance

Shares of NASDAQ:CSLM traded up $0.06 during trading on Friday, hitting $11.40. 1,105 shares of the company’s stock were exchanged, compared to its average volume of 36,773. The business’s 50-day simple moving average is $11.31 and its 200 day simple moving average is $11.20. CSLM Acquisition has a 52-week low of $10.69 and a 52-week high of $12.42.

Institutional Investors Weigh In On CSLM Acquisition

Institutional investors have recently added to or reduced their stakes in the stock. Berkley W R Corp bought a new position in shares of CSLM Acquisition during the fourth quarter worth $3,329,000. Mizuho Securities USA LLC lifted its stake in CSLM Acquisition by 11.4% in the 1st quarter. Mizuho Securities USA LLC now owns 355,494 shares of the company’s stock worth $3,893,000 after purchasing an additional 36,379 shares in the last quarter. Periscope Capital Inc. boosted its holdings in shares of CSLM Acquisition by 0.6% during the 1st quarter. Periscope Capital Inc. now owns 352,132 shares of the company’s stock valued at $3,888,000 after purchasing an additional 2,236 shares during the last quarter. Spartan Fund Management Inc. grew its position in shares of CSLM Acquisition by 72.4% during the second quarter. Spartan Fund Management Inc. now owns 20,253 shares of the company’s stock valued at $228,000 after purchasing an additional 8,508 shares in the last quarter. Finally, K2 Principal Fund L.P. bought a new stake in shares of CSLM Acquisition in the second quarter worth about $1,172,000. 46.80% of the stock is owned by hedge funds and other institutional investors.

About CSLM Acquisition

CSLM Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus on companies operating in the technology, digital media, e-commerce, financial technology, or digital services sectors.